UrbanizeAtlNewsBot

UrbanizeAtlNewsBot

Ponce City Market scores major lease from company leaving Midtown Josh Green Thu, 10/31/2024 - 15:45 Nearly 200 new office workers will soon be reporting to work at Ponce City Market, with more potentially to come, following a significant lease inked by property owner Jamestown.

CONA Services LLC has signed a lease for roughly 49,000 square feet on the sixth floor of the Old Fourth Ward landmark, swapping Midtown offices for space on what JLL recently pinpointed as Atlanta’s most expensive street for offices.

CONA Services, which provides IT for Atlanta-based soft drink giant North American Coca-Cola Bottling System, will be vacating Midtown’s 10 10th Street, a 14-story building near MARTA’s Midtown station.

According to Jamestown, CONA Service’s space will take a portion of the sixth floor and house 180 employees initially, with room left for future growth. Terms of the lease weren’t disclosed in an announcement today.

Brett Findley, CONA Services CEO, called Ponce City Market’s “extraordinary offering of amenities” a selling point for growing the company in a historic space. It will join other companies in adaptive-reuse office spaces that include Capital One, Airbus, and FanDuel.

Another perk, per Jamestown officials, will be access to a new flexible workspace amenity that’s scheduled to open at Ponce City Market next year. That calls for 8,000 square feet of conference rooms available for booking, lounge spaces, and breakout rooms for office tenants.

Office dwellers in the building also have access to onsite daycare and medical facilities, free entry to The Roof at PCM ($15 for an adult day pass otherwise), along with several wellness and health options on the property.

Photo courtesy of Jamestown

According to Jamestown, Ponce City Market has added roughly 100 businesses that employ more than 5,000 people since opening its doors to the initial redevelopment phase in 2014.

Elsewhere on the property, global accounting, financial, HR and payroll technology company Sage plans to move into the recently completed 619 Ponce, a four-story mass timber office venture, in early 2025.

Jamestown officials have said Sage will take 57,000 square feet of that building’s upper floors for its North American headquarters. A timber-bedecked Pottery Barn opened on the ground floor earlier this year.

The most recent addition to Ponce City Market’s block is Jamestown’s new 21-story Scout Living flexible-hospitality tower. That project started accepting reservations last month for its 405 one and two-bedroom units that can be booked for a single night, a week, or months at a time.

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